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RTRS: Fed: Moderate recovery continues but at slow pace
  22 Jun 22:07
 
By Mark Felsenthal and Glenn Somerville
WASHINGTON | Wed Jun 22, 2011 12:35pm EDT
(Reuters) - The Federal Reserve on Wednesday said the pace of economic recovery was proceeding more slowly than it had expected though it was primarily because of temporary factors...
 
BLBG: Full Text of Federal Open Market Committee’s Statement on Economic Policy
  22 Jun 22:07
 
The following is a reformatted version of the full text of the statement released today by the Federal Reserve in Washington:
Information received since the Federal Open Market Committee met in April indicates that the economic recovery is continuing at a moderate pace, though somewhat more slowly than the Committee had expected...
 
BLBG: Federal Reserve to Maintain Record Stimulus After Ending Asset Purchases
  22 Jun 22:04
 
Federal Reserve officials said they will maintain record monetary stimulus to support a flagging economic recovery after completing a $600 billion bond-purchase program as scheduled this month...
 
MW: Text of Federal Reserve statement
  22 Jun 22:03
 
By MarketWatch
WASHINGTON (MarketWatch) — The following is the text of the Federal Open Market Committee statement announcing its interest rate decision:

“Information received since the Federal Open Market Committee met in April indicates that the economic recovery is continuing at a moderate pace, though somewhat more slowly than the Committee had expected...
 
MW: Fed to end QE2 as it signals economic worries
  22 Jun 22:03
 
Expects pick up over coming quarters

By Greg Robb, MarketWatch
WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday said it was surprised by the recent weakness in the economy but that the recovery would pick up later this year as it kept interest rates at historic lows and said a controversial bond buying program would end as planned...
 
MW: Fed keeps rates on hold and says QE2 to end
  22 Jun 21:58
 
By Steve Goldstein
WASHINGTON (MarketWatch) -- The Federal Reserve signaled concerns about economic growth Wednesday as the central bank kept its targeted Fed funds rate at a historic low between 0% and 0...
 
BLBG: Canada Dollar Drops on Concern Federal Reserve Needs to Maintain Stimulus
  22 Jun 21:54
 
Canada’s dollar dropped against most of its major counterparts on concern that slowing growth will prompt the Federal Reserve to emphasize the need to maintain stimulus in the U...
 
RTRS: PRECIOUS-Gold steady ahead of Fed, near 2-week top
  22 Jun 21:53
 
By Lewa Pardomuan
SINGAPORE, June 22 (Reuters) - Gold hardly moved on
Wednesday ahead of the outcome of a U...
 
MW: Gold gains, poised to extend winning streak
  22 Jun 21:52
 
By Myra P...
 
MW: Dollar eases slightly ahead of Fed decision
  22 Jun 21:52
 
Sterling slides as Bank of England minutes signal rates on hold
By William L...
 
MW: Coming up: Fed decision and statement
  22 Jun 21:52
 
By Steve Goldstein
WASHINGTON (MarketWatch) -- The Federal Reserve is due to release its interest-rate decision and accompanying statement at 12:30 p...
 
MW: Oil futures climb as U.S. supplies fall
  22 Jun 20:46
 
By Myra P...
 
RTRS: Euro reverses course, rises vs dollar ahead of Fed
  22 Jun 20:22
 
The euro reversed losses on Wednesday to hit a session high against the dollar ahead of the end of a Federal Reserve meeting where policymakers are expected to signal U...
 
BLBG: Gold Tops $1,550 on Demand for Alternative to Currencies Amid Debt Woes
  22 Jun 20:20
 
Gold rose to a seven-week high as fluctuations in currency markets boosted demand for the precious metal as an alternative investment...
 
BLBG: Oil Extends Gains After U.S. Reports 1.71 Million-Barrel Drop in Supplies
  22 Jun 20:20
 
Crude oil futures extended gains after a U...
 
MW: FedEx profits rise on freight turnaround
  22 Jun 20:20
 
Next-year outlook bridges Wall Street view
By Christopher Hinton, MarketWatch
NEW YORK (MarketWatch) -- FedEx Corp...
 
MW: Gold gains, poised to extend winning streak
  22 Jun 20:19
 
By Myra P...
 
MW: EIA posts oil supply fall of 1.7 million barrels
  22 Jun 20:19
 
By Myra P...
 
MW: Oil futures edge up ahead of supply data
  22 Jun 19:31
 
By Myra P...
 
MW: Gold futures gain, poised to extend winning streak
  22 Jun 19:25
 
SAN FRANCISCO (MarketWatch) -- Gold futures climbed past $1,550 an ounce Wednesday, poised to extend their winning streak to a seventh-straight session...
 
MW:Dollar mostly higher ahead of Fed decision
  22 Jun 17:54
 
By William L...
 
BLBG:Gold May Decline in New York as Stronger Dollar Curbs Investor Demand
  22 Jun 17:52
 
Gold may decline for the first time in seven days in New York as a stronger dollar curbs demand for the metal as an alternative investment...
 
BLBG:European Stocks, U.S. Futures Drop Before Fed; Treasuries Rise, Oil Falls
  22 Jun 17:51
 
European stocks and U...
 
BLBG:Crude Oil Falls Before U.S. Supply Report; Goldman Sees ‘Choppy’ Prices
  22 Jun 17:46
 
Oil fell in New York before a U...
 
RTRS:Natural Gas Is Both Friend and Foe to the Grid
  22 Jun 17:44
 
Despite sometimes being in competition, the relationship between natural gas and the power grid is destined to become more intertwined...
 
PW:PDVSA oil production 2.82 million bpd, renew fuel oil contract with Petrochina
  22 Jun 17:41
 
Venezuela\'s oil production rose slightly to 2...
 
MW:The real interest rate case for higher gold prices
  22 Jun 17:41
 
GRONINGEN -
Despite the noise, and there is plenty of it in markets at the moment, what is driving much of the gold market at the moment, as it has for the last decade is the state of real interest rates...
 
SG:Saudi Arabia cargoes ease Mideast oil prices
  22 Jun 16:59
 
Bloomberg reported that a slide in Middle East crudes to the lowest in almost a year relative to benchmark prices is showing no sign of ending as Saudi Arabia offers extra cargoes to overseas refiners and cuts export costs...
 
SC:Falling palm oil prices slowing Anglo-Eastern
  22 Jun 16:55
 
LONDON (SHARECAST) - Indonesian and Malaysian palm oil producer Anglo-Eastern Plantations issued a cautiously confident update at its annual general meeting on Wednesday, noting that crude oil palm oil prices at the end of May were more than a tenth lower than at their February high...
 
BLBG:Gold Declines in Lonodon Trading as Stronger Dollar Curbs Investor Demand
  22 Jun 16:34
 
Gold declined for the first time in four days in London as a stronger dollar curbed demand for the metal as an alternative investment...
 
CH: Greek vote eases market fears ahead of Bernanke
  22 Jun 16:50
 
LONDON — The Greek government\'s victory in a confidence vote helped steady markets on Wednesday ahead of an interest rate decision from the Federal Reserve, though a shock profit warning from Dutch lighting and electronics firm Philips kept sentiment in check...
 
RTRS: Indian shares give up gains; may extend losses
  22 Jun 16:48
 
* BSE Sensex ends down 0...
 
BS: Euro Declines After Greek Confidence Vote; Pound Slips on BOE
  22 Jun 16:47
 
June 22 (Bloomberg) -- The euro declined against most of its major counterparts amid speculation Greek Prime Minister George Papandreou will struggle to pass additional austerity measures, even after winning a confidence vote last night...
 
BLBG: Gold Declines in Lonodon Trading as Stronger Dollar Curbs Investor Demand
  22 Jun 16:46
 
Gold declined for the first time in four days in London as a stronger dollar curbed demand for the metal as an alternative investment...
 
BLBG: Euro Pares Decline Versus Dollar on Greece; Pound Slides After BOE Minutes
  22 Jun 16:46
 
The euro declined against most of its major counterparts amid speculation Greek Prime Minister George Papandreou will struggle to pass additional austerity measures, even after winning a confidence vote last night...
 
FB: Oil falls below $94 after mixed US supply report
  22 Jun 16:45
 
Oil prices fell below $94 a barrel Wednesday after a crude supply report reflected mixed signs about U...
 
MW: Dollar index edges up ahead of Fed meet
  22 Jun 16:44
 
By Lisa Twaronite, MarketWatch
TOKYO (MarketWatch) — The dollar stuck to relatively narrow ranges Wednesday, with an index measuring it against global rivals edging up ahead of the U...
 
RTRS: Euro slips as uncertainty persists, Fed in focus
  22 Jun 16:43
 
* Greek government wins vote of confidence in parliament

* Market sentiment remains shaky as investors take profit

* Euro support at $1...
 
MW: Europe stocks weighed by Philips; Fed in focus
  22 Jun 16:43
 
Hennes & Mauritz falls 2% after results; FOMC in focus


MADRID (MarketWatch) — European stock markets fell on Wednesday, led by a 10%-plus fall in shares of Philips Electronics N...
 
RTRS: Gold in sterling hits new record after BoE minutes
  22 Jun 16:42
 
LONDON, June 22 (Reuters) - Gold priced in sterling hit a new record high just below 960 pounds an ounce on Wednesday after the minutes of the Bank of England\'s most recent interest rate meeting showed policymakers believed the economic outlook had weakened, undermining the pound...
 
BLBG:Euro Pares Decline Versus Dollar on Greece; Pound Slides After BOE Minutes
  22 Jun 16:32
 
The euro declined against most of its major counterparts amid speculation Greek Prime Minister George Papandreou will struggle to pass additional austerity measures, even after winning a confidence vote last night...
 
BZ:Forex - EUR/USD turns lower as Greece rally ebbs
  22 Jun 16:31
 
Forex Pros – The euro erased gains against the U...
 
IA:Oklahoma gasoline prices dropping as summer begins
  22 Jun 16:29
 
Oklahoma residents could be getting some good news when they head to the gasoline pump this summer...
 
BZ:Canacol Energy Ltd. Initiates Heavy Oil Exploration Drilling Program in Colombia
  22 Jun 16:27
 
CALGARY, ALBERTA--(Marketwire - June 22, 2011) - Canacol Energy Ltd...
 
RTRS:Gold in sterling hits new record after BoE minutes
  22 Jun 16:27
 
LONDON, June 22 (Reuters) - Gold priced in sterling hit a new record high just below 960 pounds an ounce on Wednesday after the minutes of the Bank of England\'s most recent interest rate meeting showed policymakers believed the economic outlook had weakened, undermining the pound...
 
BLBG:Rand Reverses Gain to Dollar, Bonds Fall as Inflation Accelerates in May
  22 Jun 15:52
 
The rand reversed its advance against the dollar on speculation the central bank won’t raise interest rates even after consumer inflation quickened more than economists’ expectations in May...
 
WA:Novartis suffers potential billion-dollar setback
  22 Jun 15:49
 
The Basel-based pharmaceutical giant Novartis has suffered a potential billion-dollar setback...
 
ET:Indian bond yields, swaps stay up on higher oil; U.S. cues
  22 Jun 15:48
 
MUMBAI: Indian federal bond yields continued to trade higher in afternoon session on Wednesday tracking a rise in U...
 
KN:Kuwaiti crude up to 105.93 pb
  22 Jun 15:48
 
UWAIT, June 22 (KUNA) -- Kuwaiti crude price went up USD 0...
 
BV:China Ramps Up Gold Coin Minting to Satisfy Demand - 22 June 201
  22 Jun 15:46
 
CHINA\'S central bank, the People\'s Bank of China, has announced it will mint up to half-a-million additional ounces (15...
 
BS:Futures and Commodities – Oil Gold and Silver Prices Higher - Gasoline and Heating Oil Lower
  22 Jun 15:45
 
(Best Syndication News) Commodities advance broadly with strong gains in palladium and ethanol (see charts below)...
 
BLBG:Pound Extends Decline Against Dollar, Euro as BOE Votes 7-2 to Hold Rates
  22 Jun 15:00
 
The pound extended its decline against the dollar and the euro after minutes of the Bank of England’s last meeting showed policy makers voted 7-2 to keep interest rates on hold...
 
FX:The US Dollar will be in the spotlight today
  22 Jun 14:59
 
FX Market Overview
This is a nervy time for Sterling and the UK economy...
 
WSJ:BASE METALS: Shanghai Copper Loses Ground In Thin Trade Ahead Of FOMC
  22 Jun 14:58
 
SHANGHAI (Dow Jones)--Copper on the Shanghai Futures Exchange gave up early gains Wednesday in a day of thin trade, with investors staying on the sidelines ahead of the conclusion of the U...
 
MC:Resistance for silver seen at Rs 55750: Kotak Commodities
  22 Jun 14:56
 
Kotak Commodities has come out with its report on bullion daily...
 
CN:Oil falls below $94 after mixed US supply report
  22 Jun 14:55
 
SINGAPORE — Oil prices fell below $94 a barrel Wednesday in Asia after a crude supply report reflected mixed signs about U...
 
TG:BP report shows economic growth still depends on oil
  22 Jun 14:52
 
Not surprisingly, oil played a centre stage role in last year’s spectacular increase in global energy demand...
 
HS:Focus Gold Corp. (OTC:FGLD) Could Stop Falling Today on a Promotion
  22 Jun 14:51
 
Focus Gold Corp...
 
BLBG:Wheat Advances as 16% Slump Lures Buyers, Canada’s Acreage Drops
  22 Jun 14:21
 
Wheat futures gained for a second day on speculation three weeks of declines have attracted buyers amid concern that wet weather in Canada may cut acreage, curbing supply from the world’s fourth-largest shipper...
 
FX:Commodities Technical: Gold, Natural Gas, Oil
  22 Jun 14:19
 
Gold Technical Analysis
The gold markets rallies to head towards the $1,550 area again...
 
MSN:Crude oil futures down on local cues
  22 Jun 14:19
 
New Delhi, Jun 22 (PTI) Crude oil prices weakened by Rs 6 to Rs 4,215 per barrel in futures trade today on emergence of selling by local traders on the back of weak global cues...
 
WSJ:OIL FUTURES: Nymex Slightly Down In Asia On Dlr, Fundamentals
  22 Jun 14:18
 
By Max Lin
Of DOW JONES NEWSWIRES

SINGAPORE (Dow Jones)--Crude-oil futures fell slightly amid thin trade in Asia Wednesday as the euro weakened, with supply-demand fundamentals providing little relief for bulls...
 
ZA:Saudi Arabia: Gold sales likely to soar with summer weddings, Ramadan
  22 Jun 14:16
 
By MUHAMMAD AL-ABDULLAH

DAMMAM: Gold dealers in the Eastern Province are expecting to make record profits during the summer holiday and the wedding season this year...
 
RTN:NZ Dollar Strengthens Against Majors
  22 Jun 14:15
 
(RTTNews) - During early European deals on Wednesday, the New Zealand dollar spiked up against other major currencies at about 4:20 am ET...
 
AT:Price dollars in gas
  22 Jun 14:14
 
Too much of the discussion at the World Economic Forum in Davos is high-tech glitz and mutual back-scratching among the financial elite of the developed nations...
 
BA:Bulgaria's natural gas price will increase by 4% as of July 1
  22 Jun 14:13
 
Natural gas price will increase by 4% as of July 1, Angel Semerdzhiev, head of the state energy and water regulatory commission informed, quoted by dnes...
 
RTRS:Analysis: Regulators likely lucked out on oil rigging case
  22 Jun 14:12
 
* LME copper moves sideways within range
* Greek debt woes still worry
* Investors wary ahead of FOMC meeting
* Chinese govt warns of higher inflation in June
* Coming Up: U...
 
PAIV:Highland Gold Mining reveals positive exploration results from Russia’s Khabarovsk region
  22 Jun 13:30
 
Highland Gold Mining (LON:HGM) revealed positive exploration results from two highly prospective projects in the Khabarovsk region of Russia...
 
RTRS:Kenyan shilling hits new low versus dollar
  22 Jun 13:29
 
NAIROBI (Reuters) - Kenya\'s shilling traded at a new all-time low of 91...
 
BLBG:Gazprom May Lower Gas Price for Naftogaz Merger, Kommersant Says
  22 Jun 13:28
 
OAO Gazprom will agree to lower the price Ukraine pays for natural-gas deliveries from Russia if Gazprom and state-controlled NAK Naftogaz Ukrainy merge, Kommersant-Ukraine reported, citing unidentified officials in Ukraine’s Energy and Coal Ministry and Gazprom...
 
WSJ:BASE METALS: LME Metals Mostly Lower In Choppy Asian Trade
  22 Jun 13:27
 
SINGAPORE (Dow Jones)--London Metal Exchange base metals mostly fell in Asian trading Wednesday, after the market came under pressure from a stronger dollar and amid jitters over potential further monetary tightening in China...
 
AB:Oil below $95 shows Saudis set price over Iran
  22 Jun 13:14
 
Oil’s slide to the lowest level in four months shows Saudi Arabia may have succeeded in damping prices in the face of opposition from fellow OPEC members Iran and Venezuela...
 
AB:Euro stabilises after Greek vote, Fed eyed
  22 Jun 13:12
 
The euro stabilised on Wednesday and Asian shares rose after the Greek government won a vote of confidence as expected, prompting investors to shift focus to the US Federal Reserve\'s news conference due later in the day for further cues...
 
GB:Shekel strengthens as dollar hits NIS 3.40/$
  22 Jun 13:11
 
The shekel is strengthening against the dollar and euro in morning inter-bank trading, with the shekel-dollar exchange rate again hit the NIS 3...
 
RTRS:UPDATE 1-Kenyan shilling hits new low versus dollar
  22 Jun 13:10
 
NAIROBI, June 22 (Reuters) - Kenya\'s shilling traded at a new all-time low of 91...
 
CN:Trading Forecast Natural Gas
  22 Jun 13:10
 
Natural Gas closed higher due to short covering on Tuesday as it consolidated some of this month\'s decline...
 
BS:Encana gives up deal with PetroChina on shale gas
  22 Jun 13:08
 
SHANGHAI—Canadian natural gas supplier Encana says a $5...
 
FRX:US Dollar Vulnerable as S&P 500 Breaks Key Technical Hurdle
  22 Jun 13:06
 
S&P 500 breaks out higher, hinting the US Dollar will remain under pressure as safe-haven demand for the benchmark currency evaporates over the near term...
 
PB:Area gasoline prices continue drop
  22 Jun 13:04
 
Gasoline prices dropped by almost 7 cents a gallon this week in the Pittsburgh region...
 
CO:Citi hiring spree focuses on Asia commodities
  22 Jun 13:03
 
Citigroup is reviving its commodities role with a big hiring drive and tougher regulation in Europe and the United States means the focus will be on Asia, its global commodities head told Reuters...
 
MW:Dollar index edges up ahead of Fed meet
  22 Jun 12:57
 
By Lisa Twaronite, MarketWatch
TOKYO (MarketWatch) — The dollar stuck to relatively narrow ranges Wednesday, with an index measuring it against global rivals edging up ahead of the U...
 
BLBG:British Pound Near Two-Week Low Versus Euro Before BOE Releases Minutes
  22 Jun 12:56
 
The pound traded near the weakest level in almost two weeks versus the euro on speculation the minutes from the Bank of England’s most recent policy meeting will show interest rates will stay at a record low...
 
BLBG:Nickel-Concentrate Imports by China Double to Record as Production Climbs
  22 Jun 12:55
 
Imports of nickel ores and concentrate by China, the largest consumer of the refined metal, climbed to a record in May as nickel pig-iron producers ramped up output to meet demand from stainless-steel makers...
 
II:Rupee rises in line with gains in Asian peers
  22 Jun 12:54
 
The rupee advanced against the US dollar on Wednesday, tracking a rise in other regional currencies against the greenback...
 
IT:Brent crude prices rise on Greek vote
  22 Jun 12:49
 
Brent crude rose today, reversing five sessions of losses, as Greece\'s embattled government survived a confidence vote critical to avoid a debt default and as investors awaited the outcome of a key US Federal Reserve meeting...
 
KN:S. Korea''s oil dependence on Mideast slighly up
  22 Jun 12:49
 
TOKYO, June 22 (KUNA) -- South Korea\'s dependence on Middle Eastern crude oil stood at 84...
 
PJ:Hinchey: Speculation up gas prices
  22 Jun 12:48
 
U...
 
PL:China May oil demand at 9.31 mil b/d, growth continues to slow
  22 Jun 12:47
 
China\'s apparent oil demand in May reached 39...
 
RG:Falling gasoline prices give vacationers a boost
  22 Jun 12:43
 
Gas prices continued to fall this week even though the peak summer driving season has begun, the American Automobile Association said Tuesday...
 
PAIV:Elementos geophysics delineates new gold targets at Manantiales in Argentina
  22 Jun 12:41
 
Elementos (ASX: ELT) continues to unlock the potential at the Manantiales project in Argentina, with a new two kilometre long target identified...
 
FX:Dollar to finish downwards correction before turning up for strong movemen
  22 Jun 12:39
 
The dollar has continued moving lower, indicating that the wave 4 green correction is still in progress...
 
PL: Oil prices cross US$94 amid warning that higher fuel costs could undermine ...
  22 Jun 12:38
 
Oil for July delivery rose by over a dollar to US$94...
 
BG:Cody-area drivers paying highest gas prices in Wyoming
  22 Jun 12:24
 
CODY, Wyo...
 
PAIV:Alloy Resources drilling extends gold mineralisation at Horse Well project
  22 Jun 12:23
 
Alloy Resources (ASX: AYR) has received further gold assay results from a recent drilling program of 101 vertical air core holes at the Horse Well gold project, confirming strike extension to the initial line of discovery holes...
 
FX:Gold may trade inside the range going into Wednesday's session
  22 Jun 12:23
 
Gold futures continue to mount their assault on major technical resistance at $1,550 per ounce, a price level which has repelled several rallies over the last several weeks...
 
ET:Indian rupee near steady; euro zone turbulence fear weighs
  22 Jun 12:22
 
MUMBAI: The Indian rupee sat tight on Wednesday as domestic equities turned choppy and as traders feared the euro was lined up for some more volatility in coming days...
 
TI:Rupee fails to maintain initial gains vs US dollar
  22 Jun 12:22
 
MUMBAI: Moving in line with the equity market, the Indian rupee failed to maintain initial gains against the US dollar at the Interbank Foreign Exchange this morning and was quoting just one paise higher at 1030 hours...
 
CO:India Rupee opens higher
  22 Jun 12:21
 
MUMBAI (Commodity Online): Rupee commenced marginally higher and remained in a more or less narrow range so far on Wednesday, June 22, 2011 unable to attain any strong cues from domestic or global factors...
 
BLBG:Indian Rupee Touches One-Week High as Greek Vote May Spur Flows
  22 Jun 12:20
 
India’s rupee rose to a one-week high after Greek Prime Minister George Papandreou won a vote of confidence, tempering concern over Europe’s debt crisis and boosting demand for emerging-market assets...
 
NBR:NZ dollar hovers, waits for outcome of the Fed meeting
  22 Jun 12:19
 
The New Zealand dollar traded in a relatively narrow band above US81c against the greenback today but dipped to its lowest level in two weeks against the euro on the back of news the Greek Government won a confidence vote in Parliament...
 
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